Rankings · Quality

Highest return on capital

Graded A or B, ranked by operating profit as a share of the equity and debt the business runs on. Banks, insurers and companies with negative equity are left out, where the measure means nothing.

46 companies meet this test

Figures as of September 30, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1TPLTEXAS PACIFIC LAND CORPORATIONB+32.4%60.3%$22.7B
2FTITechnipFMC plcA+24.3%11.3%$27B
3TRPTC ENERGY CORPORATIONA+20.0%23.2%$60.7B
4GPORGulfport Energy CorpB+18.6%32.3%$2.7B
5PARRPar Pacific Holdings, Inc.B17.4%9.9%$3.9B
6SMSM ENERGY COB+17.1%18.2%$7.9B
7MGYMagnolia Oil & Gas CorpB+15.3%28.8%$5.6B
8WHDCactus, Inc.B+14.6%12.0%$4.8B
9DHTDHT HOLDINGS, INC.A+14.4%16.7%$3.6B
10MPCMarathon Petroleum CorporationB14.0%5.6%$110.1B

More rankings

A ranking orders companies by one stated measure. It is not a recommendation, and it says nothing about whether any share price is reasonable.